Cabot to expand battery materials production in mainland China with Tokai Carbon acquisition

News
M&A

The materials company aims to produce conductive carbon black for a growing Li-ion battery market at the Tianjin facility

American performance materials company Cabot Corporation announced via press release on 15 November that it entered into a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon group for USD9 million.

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